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Environment

bp targets farms and feedstock as biofuel race gathers pace

bp is considering buying stakes in biofuel feedstock producers and investing directly in farming ventures to secure supplies as the global race for the low-carbon fuel gathers pace.

Renewable fuels to drive Neste's growth this year says CEO

Finnish refiner Neste expects renewable fuels from its new facilities in Singapore and the U.S. to drive its growth this year despite expectations of lower oil product margins in the second quarter.

New fuel policy in Brazil to ease prices at the pump, space out adjustments

Brazilian state oil company Petrobras approved a new fuel pricing policy for gasoline and diesel that will sharply lower costs for motorists, it announced, ditching a more market-based policy in favor of greater flexibility to smooth price swings.

EU countries set to finalize first green aviation fuel goals

European Union countries are set to finalize targets for airlines to increase their use of sustainable fuels as an initial step towards curbing CO2 emissions from aviation, a final version of the law showed.

Summit Next Gen to use Honeywell Ethanol-to-Jet Fuel technology for production of SAF

Honeywell today announced that Summit Next Gen will create a sustainable aviation fuel production platform using Honeywell Ethanol-to-Jet Fuel processing technology.

Venezuela's PDVSA to ramp up refining by 20% in 2023

Venezuelan state energy company PDVSA's new management expects to boost the country's oil production to 1.17 million bpd by year end while increasing refining and exploration activities, an internal planning document showed.

Technip Energies awarded a major LNG contract for the North Field South Project by QatarEnergy

Technip Energies is pleased to announce that a joint venture, led by Technip Energies in partnership with Consolidated Contractors Company, has won a major Engineering, Procurement, Construction and Commissioning contract by QatarEnergy for the onshore facilities of the North Field South Project.

ORLEN Południe plant makes propylene glycol production more sustainable based on BASF technology

ORLEN Południe has recently concluded the first year of operation of its BioPG plant, converting glycerol, a by-product of biodiesel production, into renewable propylene glycol.

NextChem Holding's subsidiary Stamicarbon awarded new contracts for a green ammonia plant in the U.S.

MAIRE S.p.A. announces that its subsidiary NextChem Holding, through Stamicarbon, part of the Sustainable Technology Solutions business unit, has been awarded licensing and basic engineering design contracts for a 450 metric tons per day green ammonia plant by a prominent North American fertilizer producer.

U.S. could start buying oil for reserve after June sale, energy secretary says

U.S. Energy Secretary Jennifer Granholm told lawmakers her department could start repurchasing oil for the Strategic Petroleum Reserve after completing a congressionally mandated sale next month.